UK Stocks-Factors to watch on March 1 (updated)
01/03/2019 07:54
(Adds company news items and futures)
March 1 (Reuters) - Britain's FTSE 100 .FTSE is seen opening 32 points
higher at 7,107 on Friday, according to financial bookmakers, while FTSE 100
futures .FFIc1 were up 0.35 percent ahead of the cash market open.
* William Hill: British bookmaker William Hill Plc WMH.L reported lower
full-year adjusted operating profit on Friday, hurt partly by higher costs to
expand in the United States. urn:newsml:reuters.com:*:nL3N20O2TQ
* Man Group: British hedge fund firm Man Group EMG.L said on Friday total
funds under management fell 0.5 percent to $108.5 billion in the year to
end-December on market weakness and currency losses. urn:newsml:reuters.com:*:nFWN20N1QJ
* Jupiter Fund: British asset manager Jupiter Fund Management JUP.L posted
a 7 percent fall in full-year pretax profit on Friday, after assets under
management fell sharply on the back of market volatility. urn:newsml:reuters.com:*:nFWN20N1QK
* Lloyds: Lloyds Banking Group LLOY.L said on Friday it had started a
previously announced share buyback programme worth up to 1.75 billion pounds
($2.32 billion) of ordinary shares. urn:newsml:reuters.com:*:nL5N20O1CD
* Robert Walters: Recruiter Robert Walters Plc RWA.L said on Friday that
uncertainty surrounding Brexit will keep affecting client and candidate
confidence in Britain. urn:newsml:reuters.com:*:nL3N20O2PM
* Royal Dutch Shell: Royal Dutch Shell Plc RDSa.L , RDSa.AX said on Friday
it was informed by the Dutch Public Prosecutor's Office that they were preparing
to prosecute the oil major for criminal charges related to its 2011 purchase of
a Nigerian oilfield. urn:newsml:reuters.com:*:nL3N20O2QC
* London Stock Exchange: London Stock Exchange Group Plc LSE.L , reported a
jump in full-year adjusted operating profit on Friday, saying its clearing,
capital markets and information services businesses grew strongly. urn:newsml:reuters.com:*:nL5N20O1CY
* IMI: UK-based specialised engineering company IMI Plc IMI.L said on
Friday it expects organic revenue in the first half of 2019 to be lower, hit by
slowing demand in the industrial automation sector. urn:newsml:reuters.com:*:nL3N20O2RU
* WPP: WPP WPP.L , the world's biggest advertising company, said it
expected organic growth to drop by as much as 2 percent in 2019 following the
loss of major clients, but said it had seen a good reaction to its
restructuring. urn:newsml:reuters.com:*:nL5N20O1BD
* TBC BANK: Georgia's biggest retail bank TBC Bank Group Plc TBCG.L said
on Thursday its corporate subsidiary TBC Bank JSC had received $34 million loan
from the European Investment Bank. urn:newsml:reuters.com:*:nL5N20N7WI
* LLOYDS: Lawmakers have criticised a move by Britain's Lloyds Banking Group
LLOY.L to impose more expensive and complex overdraft fees on customers only
months before a regulatory clampdown. urn:newsml:reuters.com:*:nL3N20N5WK
* PREMIER OIL: Britain's Premier Oil PMO.L has teamed up with U.S. private
equity fund Apollo Global Management APO.N to bid for oil and gas fields owned
by Chevron CVX.N in the British North Sea, according to industry
sources. urn:newsml:reuters.com:*:nL5N20N8IV
* BARCLAYS: John Varley, former CEO of Barclays BARC.L , told investigators
in 2014 he had had to delegate responsibility during the British bank's efforts
to raise more than 11 billion pounds ($15 billion) at the height of the credit
crisis. urn:newsml:reuters.com:*:nL5N20N5GU
* GOLD: Gold prices hit a two-week low on Friday as upbeat U.S. economic
data boosted the dollar, while mounting concerns over a slowdown in global
growth offered support to the safe-haven metal. urn:newsml:reuters.com:*:nL3N20O1OT
* OIL: Oil prices rose on Friday as markets tightened amid output cuts by
producer club OPEC, but surging U.S. supply and a global economic slowdown
prevented crude from climbing further. urn:newsml:reuters.com:*:nL3N20O1FX
* The UK blue chip index closed 0.46 percent down at 7074.73 on Thursday as
results hurt packaging firm Mondi, miners fell on weak Chinese factory data and
Rolls-Royce slipped after dropping out of the race to supply engines for
Boeing's mid-market aircraft. urn:newsml:reuters.com:*:nL5N20N3ST
* For more on the factors affecting European stocks, please click on:
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(Reporting by Adil Bhat in Bengaluru)
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